George Kent, MRCB up after LRT3 set to proceed

KUALA LUMPUR (July 12): Shares of George Kent (M) Bhd and Malaysian Resources Corp Bhd (MRCB) rose this morning, after the Pakatan Harapan government approved the continuation of the light rail transit 3 (LRT3) project at a final cost of RM16.

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LEAP jumps into anti-TAED fray

PETALING JAYA (July 12): Sabah non-governmental organisation (NGO) Land Empowerment Animals People (LEAP) has joined the chorus of voices objecting the contentious Tanjung Aru Eco-Development (TAED) in Kota Kinabalu, reported The Star.

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Be aware of challenges to forming sub-MCs

PETALING JAYA (July 12): Forming a subsidiary management corporation (sub-MC) is no easy feat as it is fraught with challenges, said Royal Institution of Surveyors Malaysia (RISM) past honorary secretary general Chan Keat Lim.

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National Community Policy at planning stage

PUTRAJAYA (July 11): The National Community Policy (Dasar Komuniti Negara), which will be presented by the Ministry of Housing and Local Government (KPKT) to Cabinet for approval in August, is currently at the planning stage.

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MRT Corp still studying cost cutting measures for MRT2

PETALING JAYA (Jul 11): The analysis to reduce the cost of construction for the MRT Sungai Buloh-Serdang-Putrajaya Line (MRT2) is still ongoing, and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) said it might “take some time” for it to finalise the study.

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Govt looking into hiking minimum property prices for foreigners

KUALA LUMPUR (July 11): Putrajaya is studying the possibility of increasing minimum property prices for foreign buyers Housing and Local Government Ministry secretary general Datuk Mohammad Mentek told a local business publication that “a new threshold will be set based on the condition of the local currency”.

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